Core Viewpoint - A class action lawsuit has been filed against Exscientia p.l.c. for alleged misleading statements and improper conduct by executives during the Class Period from March 23, 2022, to February 12, 2024 [6][7]. Group 1: Lawsuit Details - The lawsuit claims that Andrew Hopkins engaged in improper relationships with employees, violating Exscientia's standards [7]. - David Nicholson is accused of having prior knowledge of Hopkins's misconduct and failing to consult the Board of Directors [7]. - The enforcement of Exscientia's Code of Business Conduct and Ethics is described as inadequate, leading to risks of leadership transitions and reputational harm [7]. - The lawsuit asserts that the public statements made by the defendants were materially false and misleading, resulting in investor damages when the truth was revealed [7]. Group 2: Class Action Participation - Investors who purchased Exscientia securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - To join the class action, investors must act before the lead plaintiff deadline of June 25, 2024 [2][6]. - No class has been certified yet, meaning investors are not represented unless they retain counsel [3].
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Exscientia p.l.c Investors to Secure Counsel Before Important Deadline in Securities Class Action - EXAI